Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0994%/8h= +108.8% APRpaid last 24h +0.162%

Price spread now: Binance against Nado+0.075%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Binance is 0.075% dearer against Nado than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ZHIPU-PERP	95.203	0.0100	pay 0.0012% / 1h	28m 27s	$43K	$12K	3x
Short	Binance ZHIPUUSDT	95.274	0.1094	get 0.0547% / 4h	1h 28m	$22.5M	$66.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee BinancebpOrdersPrice spread, now +0.075%Rate

Funding earned: $208.74
Price spread: +0.075% → 0.000%: $7.45
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: $199.2
Costs to cover: 0.170%
Break-even: 0.3 days

Slippage unknown: Nado: no order-book sample; Binance: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado no order-book sample	—	—	—	—	—
Sell Binance live order book, 14 min ago	2.09 bp	11.6 bp −$12	37.8 bp −$378	144.5 bp −$14.5K	doesn't fit

Nado: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZHIPU on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZHIPU-USDT	0.0000%	4h	95.510	+0.322%	$2K	$768K	10x	as long as short
Lighter ZHIPU	+0.0032%	1h	95.480	+0.291%	$100K	$17K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.390	+0.196%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERPlong	+0.0100%	1h	95.203	long leg	$43K	$12K	3x
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	95.290	+0.091%	$828	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0184%	8h	95.370	+0.175%	$3.2M	$11.8M	50x	as long as short
Aevo ZHIPU-PERP	+0.0256%	1h	95.295	+0.096%	—	—	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0579%	1h	95.630	+0.448%	$33K	$23K	5x	as long as short
Aster ZHIPUUSDT	+0.0909%	8h	95.350	+0.154%	$53K	$53K	20x	as long as short
HTX ZHIPU-USDT	+0.0930%	4h	95.450	+0.259%	$22K	$350K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ZHIPU	+0.0961%	1h	95.268	+0.068%	$26.8M	$7.8M	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0964%	4h	95.260	+0.060%	$38K	$119K	20x	as long as short
Binance ZHIPUUSDTshort	+0.1094%	4h	95.274	+0.075%	$22.5M	$66.5M	25x
Bybit ZHIPUUSDT	+0.1499%	8h	95.340	+0.144%	$354K	$1.5M	25x	as long as short
edgeX ZHIPUUSDC	+0.1572%	4h	95.544	+0.358%	$20K	$155K	10x	as long as short
Bitget ZHIPUUSDT	+0.1610%	8h	95.360	+0.165%	$1.7M	$4.3M	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1984%	8h	95.350	+0.154%	$5.4M	$18.4M	25x	as long as short